Thursday, August 25, 2022

Indices closed UP .98% to 1.67%...NICE !!!

 Indices closed UP.

S&P 500 @ 4199.12, high 4200.54, low 4147.59

RSI @ 56.91

CMF @ 0.112

Internals were :

UP volume led by 6.15 to 1 in NYSE & 2.81to 1 in Nasdaq

Advancing stocks led by 3.95 to 1 in NYSE & 2.06 to 1 in Nasdaq

Net new lows were leading by 435 in NYSE & 48 in Nasdaq

VIX Down 4.56% @ 21.78

Oil @ $92.52

Gold @ $1771.40

Canadian $ @ .7052

In my portfolio :

SOLD NCLH @ $14.50

Bought JKS @ $58.28

Portfolio ARKK LSPD PLTR JKS MGM SOL SOFI UAL XPEV

Stocks which closed UP 2% or more included

ARKK LSPD PLTR SOFI UAL NCLH

SHOP SNAP AMAT FSLR NIO PYPL

MU TECK SQ X BYD JBLU ROKU

RCL WYNN QCOM QRVO SWKS

CCL CLF BIDU PINS RUN AMD

SNOW LYFT NXPI CIEN TOL

CRWD UBER DDOG PDD JD

NVDA META LRCX BABA LVS M...

AH Futures Down

AH Asian Markets UP

AH Oil UP

AH Gold Down

About market, TAPE was strong in anticipation of Fed commentary in Jackson Hole @ 10 AM. Most sectors participated in todays strong market. Internals were strong. Tomorrow could be a test of strength of this market, IF we close higher, It will mean, we are breaking out of the current trading range.

BLOG does NOT give buy or sell.

Saleem


1 comment:

Stocks100 said...


Hi Stocktrader,

Added 20% SOL @ $6.40

Saleem